SMR Stock Soars on NuScale's AI-Powered Nuclear Fuel Breakthrough

NuScale Power Corp.'s stock rose more than 6% after announcing a partnership to explore AI-guided nuclear fuel management.

The company will team up with Oak Ridge National Laboratory (ORNL) to utilize an AI-enabled nuclear design framework for its 12-NuScale Power Module (NPM) configuration.

NuScale said the study will evaluate ways to reduce fuel costs across multiple and single reactors, taking advantage of its multi-module architecture that features up to 12 reactors with a single shared fuel pool.

ORNL has been awarded funding under the U.S. Department of Energy's GAIN initiative to collaborate with NuScale in this research program.